Edison International Breaks Above 200-Day Moving Average - Bullish for EIX

In trading on Wednesday, shares of Edison International (EIX) crossed above their 200 day moving average of $47.77, changing hands as high as $48.02 per share. Edison International shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of EIX shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

Edison International 200 Day Moving Average Chart

Looking at the chart above, EIX's low point in its 52 week range is $44.26 per share, with $54.19 as the 52 week high point — that compares with a last trade of $47.86.

According to the ETF Finder at ETF Channel, EIX makes up 4.28% of the First Trust Utilities AlphaDEX Fund ETF ( FXU) which is trading higher by about 0.2% on the day Wednesday.

More from Stocks

GM's New Chevy Blazer Looks as Lame as the Stock Market Right Now

GM's New Chevy Blazer Looks as Lame as the Stock Market Right Now

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

OPEC, Bank Stress Tests, Disney and Tesla - 5 Things You Must Know

GE Should Suspend Its Dividend: Goldman Sachs

GE Should Suspend Its Dividend: Goldman Sachs

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Big Banks Pass the Stress Tests and 4 Other Stories to Watch Friday Morning

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump